Shares of Netflix were falling 0.3% to $435.31, while shares of DreamWorks were falling 2.5% to $27.80.
The three new series coming to Netflix are King Julien which focuses on the lemur king from the Madagascar movies, Puss In Boots which follows the stories of the legendary cat from the Shrek series, and Veggie Tales in the House which tells faith-based stories with talking fruits and vegetables.
Netflix and DreamWorks signed a first-run agreement last summer, which these series are a part of.
The companies also announced the first episodes of the show Turbo FAST will begin streaming on Netflix on April 4.
"We could not be having more fun as we create this content for Netflix," Margie Cohn, head of television at DreamWorks Animation said in a press release. "Each show is so diverse and the platform gives us so many opportunities to play with our characters in new and surprising ways. Our goal is to keep the audience always wondering what we'll come up with next..."
Must read: Warren Buffett's 10 Favorite Stocks
TheStreet Ratings team rates NETFLIX INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: